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One of the readers asked my opinion around sharing your startup concept: My first question has always been - how do you protect your idea while shopping around for feedback, partners, developers, etc.? Definitely take a look at he suggests you balance the choices. Definitely read the whole thing. Lots of thoughts here.
One of the readers asked my opinion around sharing your startup concept: My first question has always been - how do you protect your idea while shopping around for feedback, partners, developers, etc.? Definitely take a look at he suggests you balance the choices. Definitely read the whole thing. Lots of thoughts here.
It wasn’t so many years ago that starting a new e-commerce business on the Internet was a complex custom development project, usually costing a million dollars or more. The same is true for filing patents, registering trademarks, and filing copyrights. A programmer can build a new smartphone app for a few thousand dollars.
If there are high barriers to entry with such protections as patents, long development time already spent or contracts with the major potential customers, then the risk of a competitor with more resources jumping into the frothy pool and taking advantage of the demand created by the company is minimized.
To be clear, I define a product specification as the technical definition of your product, to be used for development and testing purposes, with a quick business summary for context. For example, “We just patented a new battery technology that will cut your smartphone charge time and cost in half.” You need both to survive.
It wasn’t so many years ago that starting a new e-commerce business on the Internet was a complex custom development project, usually costing a million dollars or more. The same is true for filing patents, registering trademarks, and filing copyrights. A programmer can build a new smartphone app for a few thousand dollars.
What you really need is a VP of Marketing and Customer Development, who can help with lead generation and honing the message, rather than an executive to manage a sales team and existing customers. Diversity is generally only an issue in large organizations, and if your startup is that large, investors will definitely be nervous.
What you really need is a VP of Marketing and Customer Development, who can help with lead generation and honing the message, rather than an executive to manage a sales team and existing customers. Diversity is generally only an issue in large organizations, and if your startup is that large, investors will definitely be nervous.
What you really need is a VP of Marketing and Customer Development, who can help with lead generation and honing the message, rather than an executive to manage a sales team and existing customers. Diversity is generally only an issue in large organizations, and if your startup is that large, investors will definitely be nervous.
If you are inventing or creating a product, understand patents and register for one at the USPTO. Ensure your business name is available on a wide variety of social networking websites in order to develop consistent branding ( KnowEm ). Understand the definition of an “At Will” employee. Recommended. Recommended.
If there are high barriers to entry with such protections as patents, long development time already spent or contracts with the major potential customers, then the risk of a competitor with more resources jumping into the frothy pool and taking advantage of the demand created by the company is minimized.
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